Energy Minister Saša Mujović was unable to confirm whether electricity prices will increase next year, but assured that vulnerable consumer groups will be protected. In an interview on TVCG’s morning program, Mujović explained that the possibility of a price hike depends on various factors, including energy shortfalls, procurement costs and the performance of renewable energy sources.
“It’s difficult to predict if there will be an increase in electricity prices. It depends on how much energy we will lack, the cost of acquiring that energy, hydrological conditions, and the production of solar and wind energy. Once we evaluate all these factors, we’ll know if prices will rise,” Mujović stated.
He emphasized that vulnerable consumers, such as low-income households, will be safeguarded. “Small consumers will not be at risk; we will find ways to protect them. Price increases are more likely for high consumers, such as businesses. However, it is too early to make definitive statements, and we need a comprehensive analysis,” he added.
Mujović also noted that procuring electricity is complex, and Montenegro will face a shortfall of around 700 GWh next year due to the reconstruction of TPP Pljevlja. He mentioned that the timing for electricity procurement is crucial, with a preference for making purchases in smaller tranches during the third and fourth quarters of the year to mitigate risks.
Regarding the lease of the Nikšić steelworks, Mujović acknowledged a current climate of uncertainty and highlighted the importance of good communication between management and workers. He referenced a recent incident where workers protested against the investor.
“Workers may have reacted impulsively. They remain employees of EPCG, and there is a clear plan in the contract where 152 workers will be taken over by the lessee within six months, and the remainder is EPCG’s responsibility. EPCG is not failing the workers. I urge them to be patient,” Mujović concluded, stressing the need to build trust with the workforce.
